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$795,000
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Property Description
Custom-built lake house situated in the pristine area of Council Creek South on Lake Buchanan in Burnet County. The lake house is located about 15 minutes north of Burnet and provides an easy drive to Marble Falls and all the other Highland Lakes. The city of Austin and the airport can be accessed in about an hour. Constructed on three large lots this relaxing property offers plenty of room for the family and friends. The house was built in 2018 by the owner who is an experienced contractor. The owner constructed the home of 2x6 studs with spray-in insulation. To allow plenty of light and views of the lake the home features showcase vinyl windows that offer excellent durability. The spacious and cozy lake house offers 1,144 S.F. of living area, four bedrooms and two full baths. The living room is open to the kitchen and dining room. The interior of the home features an all-tile floor, knotty alder cabinets, and all quartz kitchen and bath counter-tops. The exterior is constructed of durable Hardi plank. The roof is constructed with all metal standing seem roofing. A covered lake side porch that overlooks the lake and a covered outdoor 210 S.F. gazebo with a cooking area and outdoor sink. While the cook is cooking the kids and family will enjoy the swing and bench that overlooks the lake. Large live oak trees are present and line the lake front. The large floating dock provides a great place for fishing and for docking the boats or jet skis and is made of durable all-weather material. A productive water well and water softener system and septic are already in place on the property. The structures were constructed of material that offer low or very little maintenance. This property offers an excellent investment opportunity. The owners have been successful in renting out the property for daily and weekend rentals. For anyone looking for a great place to live and enjoy the lake life, this property will make a great retirement or perfect permanent home!
Full Property Details
Full Property Details for 1512 Co Rd 137
General
- Price: $795,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Taxes: $5,184 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 7546920
- Updated: 6/22/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, Quartz Counters
- Appliances: Cooktop, Free-Standing Electric Range, Microwave, Refrigerator
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: See Remarks
- Security/Safety: See Remarks
Exterior
- Exterior Features: Dock, See Remarks
- Porch/Patio/Deck: Covered, Deck, Porch
Parking
- Total Spaces: 4
- Parking Features: Driveway
Location
- Area: BU
- County: Burnet
- Subdivision: Council Creek South
- Driving Directions: From Burnet take Hwy 29 West for 3.4 miles. Take a right onto RR 2341 at blinking light. Go 5.7 miles. Take a left onto CR 137 (Sunset Cliff). Go 1 mile and the property is on your right.
- Direction Faces: Northeast
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Burnet
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Association: Yes
- Assoc. Name: Council Creek South
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Metal, See Remarks
- Windows: Vinyl
- Stories/Levels: 1
- Square Feet: 1,144
- Sq. Ft. Source: Public Records
- Living Area: 1,144 Sq. Ft.
- Year Built: 2018
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: Gazebo
Lot Features
- Property View: Hills, Lake, Water
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Features: Moderate Trees, Views
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Front
- Lake Front: Yes
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Association Fee: $150
- Assoc Fee Freq.: Annually
- Assessment Amount: $404,153
- Tax Amount: $5,184.07
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Deed Restriction
- Legal Description: S3900 COUNCIL CREEK SOUTH LOT D, E & F BLK 2
- Disclosures/Reports: Seller Disclosure
- Property ID: 11334
- Block: 2
- Lot Number: D
Listed by Ranch Investments
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Schools
Schools serving 1512 Co Rd 137
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 8.3 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 7.9 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1512 Co Rd 137
Date
Details
Price
Change
Source
6/22/2026
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1512 Co Rd 137
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,184
-2%
$404,153
—
2024
$5,279
—
$404,153
-2%
2023
$5,295
-8%
$411,344
7%
2022
$5,782
13%
$384,473
17%
2021
$5,107
2%
$328,234
7%
2020
$5,016
11%
$306,294
14%
2019
$4,513
466%
$269,287
489%
2018
$798
—
$45,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1512 Co Rd 137
1512 County Road 137, Burnet, TX 78611 (MLS# 7546920) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1512 County Road 137 is currently listed for $795,000 and was received on June 22, 2026. Want to learn more about 1512 County Road 137? Do you have questions about finding other Single Family real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.

